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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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202 Eastern Pkwy , Newark, NJ 07106
$850,000
Est. Payment: $4,325.83/mo
8 Bed
5 Bath
0 Sqft
Status: pending | Days on site: 25
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House Description

Positioned in Newark’s highly desirable Ivy Hill neighborhood, just steps from Seton Hall University, this 4-family property, with 8 bedrooms and 5 full baths, presents a rare opportunity for investors and owner-occupants alike. Enjoy convenient access to the lifestyle and amenities of South Orange Village and the greater SOMA community without the premium price tag. Commuters will appreciate the nearby train service providing easy access to New York City. What sets this property apart? Aside from low property taxes and four income-producing units, the home features a finished basement with three additional rooms and a full bathroom, offering valuable flexibility and potential. The building is equipped with separate gas and electric meters, separate and new hot water heaters, and three out of four newer boilers, providing operational efficiency and ease of management. The property offers strong potential for student housing, making it an attractive long-term investment with strong upside. Whether you're seeking immediate cash flow, future appreciation, or a combination of both, this asset checks all the boxes for a buy-and-hold strategy. The property also includes four garages and long driveway, providing additional value and income potential. Property and garages are being conveyed in as-is condition.
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Highlights

Listed by Karla Guevara , 201-233-4712 Century 21 Venture Real Estate-Kearny , 201-991-1300. New Jersey Multiple Listing Service mls logo

Property Type

Multi-Family

County

Essex

Area

Newark

Listing ID

26023209

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Other:16

Exterior Features
Principal Interest
$4,326
Taxes
$833

Home Price

$850,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$170,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,325.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,325.83 $832.75 $0.00 $5,158.58
Yearly $51,909.92 $9,993.00 $0.00 $61,902.92
Total $1,557,297.54 $299,790.00 $0.00 $1,857,087.54

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Newark, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

(c) 2026 New Jersey Multiple Listing Service, Inc, All Rights Reserved. Information provided by the New Jersey Multiple Listing Service, and Information Deemed Reliable But Not Guaranteed. The listing content relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NJMLS, Real Estate listings held by brokerage firms other than the brokerage firm of this website are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: 2026-07-21T23:39:14.400Z

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